Hobbs, Ong & Associates, Inc. ("Hobbs, Ong") of Las Vegas is the State's only Nevada-owned, independent, full service, financial advisory firm. When founded in 1996, Hobbs, Ong affiliated with Public Financial Management ("PFM") to provide governments, agencies, and business organizations with the most comprehensive blend of national and in-state expertise and experience available in Nevada.

The founders of Hobbs, Ong & Associates, Inc., Guy S. Hobbs and Katherine W. Ong, are the preeminent consultants in Nevada on the State’s governmental tax structure and local government financial administration. They have over 30 years of combined experience in Nevada public financial administration. This experience includes the financial management of Clark County with an annual operating budget of nearly $2 billion, administration of issuance of more than $2 billion in bonds and other forms of indebtedness, capital and financial planning for one of the fastest growing communities in the nation, and the development of budget and control systems for one of the most complex urban county governments in the country. The founders also have significant experience in the development of state and local tax policy and have become a highly regarded source of information and support to the Nevada State Legislature and local governments. The wide-ranging services offered by Hobbs, Ong are backed by unmatchable experience in Nevada municipal finance. Hobbs, Ong is the only Nevada-owned, independent financial advisory firm offering services in the State.

PFM was founded on the sole principle of providing sound financial advice to municipal governments without the conflict of interest that is inherent with underwriting firms. From the beginning, the firm has served only the issuer, and does not sell trade or underwrite municipal securities. In addition to PFM’s transaction-based financial advisory work, PFM also provides extensive financial planning services and acts as an investment advisor. PFM’s investment advisory and arbitrage rebate services represent the firm’s commitment to satisfying all the financial needs if its municipal clients.

Unlike any other single financial advisory firm in Nevada, the Team provides a vast array of services to clients. These services include feasibility study preparation, tax and revenue consulting, strategic planning, debt management and structuring, and compliance services. While all of our clients do not utilize all the services we provide, the fact that they are available benefits all of our clients. Public clients include: Carson City, Clark County, Washoe County, the Las Vegas-Clark County Library District, Boulder City Library District, the University Medical Center of Southern Nevada, the Las Vegas Convention and Visitors Authority, McCarran International Airport, the Las Vegas Valley Water District, the Regional Transportation Commission of Southern Nevada, the Las Vegas Metropolitan Police Department and the cities of Boulder City and Las Vegas. From the private sector, groups such as the Nevada Association of Counties, Southern Nevada Home Builders Association, and American Nevada Corporation have sought the assistance of the Hobbs, Ong/PFM Team.

For the first time in Nevada, this partnership offers governmental agencies and private businesses access to financial advisory and financial consulting resources through a single engagement. The objective of this Team is to provide clients with the unique combination of extensive national experience and in-depth knowledge of local municipal finance. No other firm in Nevada can provide the full range of financial experience and expertise offered by the Hobbs, Ong and PFM Team.

OUR COMMITTMENT

The Hobbs, Ong and PFM Team views its relationships with its clients as continuous, not tied to specific services or transactions. Maintaining ongoing contact with clients will not only facilitate more responsive service, but it gives the client constant access to the considerable financial problem solving resources of the Team. It is the goal of this Team to serve as an extension of its clients’ staff. Providing the most responsive, reliable and expert services available in the State of Nevada, coupled with the broadest financial services product line, is the primary mission of the Hobbs, Ong and PFM Team.

To the benefit of Nevada clients, the traditional definition of financial advisory services in Nevada is being redefined and expanded by the Hobbs, Ong and PFM Team.

The Team is also strongly committed to providing the same level of dedicated service and responsiveness to all clients throughout the State of Nevada. The full resources of the Team will be readily available to all Nevada clients, regardless of size or location. In recognition of the unique characteristics or needs of each client, resources will be customized and dedicated to ensure optimal client attention.

The Hobbs, Ong and PFM Team is committed to Nevada and to providing clients with the most cost-effective access to the highest quality financial advisory services available in the State.